Analysis of geological and geophysical data by Thomasson Partner Associates Inc., Denver, revealed indicators of a Pennsylvanian basin buried beneath Cretaceous sediments in Colfax County, NM, said Sun River Energy Inc., Wheat Ridge, Colo.
By OGJ editors HOUSTON, July 10 – Analysis of geological and geophysical data by Thomasson Partner Associates Inc., Denver, revealed indicators of a Pennsylvanian basin buried beneath Cretaceous sediments in Colfax County, NM, said Sun River Energy Inc., Wheat Ridge, Colo.
Such “elevator basins,” in which a combined source and reservoir rock package are sealed, buried, and matured, exist elsewhere in New Mexico (OGJ, Jan. 8, 2001, p. 32).
Sun River Energy, which holds 120,000 acres in the Raton basin in northern Colfax County, is seeking partners for exploratory drilling. It believes that parts of the acreage may be prospective for coalbed methane, gas in Cretaceous Pierre shale, and oil and gas in the elevator basin.